At US$10.00, Is It Time To Put Zix Corporation (NASDAQ:ZIXI) On Your Watch List?
Zix Corporation (NASDAQ:ZIXI), might not be a large cap stock, but it led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today I will analyse the most recent data on Zix’s outlook and valuation to see if the opportunity still exists.
Check out our latest analysis for Zix Is Zix still cheap?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 15% below my intrinsic value, which means if you buy Zix today, you’d be paying a fair price for it. And if you believe the company’s true value is $11.74, t ...